Japan's SoftBank Earmarks Up to $25 Billion for OpenAI: Report
SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become the ChatGPT maker's largest financial backer, according to initial reporting from the Financial Times on Wednesday evening.
Futurism on MSN1h
OpenAI Asking for Tens of Billions in New Investment to "Fund Its Money-Losing business Operations"After getting epically roasted by the AI industry, OpenAI is seemingly refusing to reevaluate its approach, asking investors ...
The AI expert’s remarks come as OpenAI and other Silicon Valley giants face a reckoning following DeepSeek’s success.
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President Donald Trump is supporting the newly formed Stargate to advance AI as construction on the company's first data ...
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
This is a massive head start, and cultural symmetry that seemed to make American AI predestined. Open AI is backed by a US$14 billion investment from Microsoft, and has access to the cloud ...
Trump called the joint venture - known as Stargate - "a new American company that will invest $500 billion at least in AI infrastructure in the United States," promising that it will create more than ...
This follows the announcement of Stargate, a $500 billion initiative by SoftBank, OpenAI, and Oracle aimed at keeping the U.S ...
R1, a AI model as powerful as those of American leaders such as OpenAI or Google, though with fewer resources and an open ...
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